Jim Esposito, head of syndicate and debt financing at Goldman Sachs
Funding decisions are more important than ever before. Discussions with borrowing clients have become much more strategic in nature and are taking place at much higher levels of an organization. Borrowers are looking for sound advice and a safe pair of hands. Funding decisions and execution tactics are anything but cookie-cutter. The difference between success and failure is much greater than a year ago.
Jean-François Mazaud, deputy head of capital raising and financing at SG
Since June 2007, we have observed three different phases:
From July to December 2007: what I would call the denial phase.
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